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Zhuzhou CRRC Times Electric information


Zhuzhou CRRC Times Electric Co., Ltd.
FormerlyZhuzhou CSR Times Electric
Company typepublic
Traded as
  • SEHK: 3898 (H share)
  • unlisted (A share)
IndustryRailway equipment manufacturing
Predecessor
  • Zhuzhou Times Electronic
  • Ningbo Times Transducer
Founded
  • 1992 (predecessors)
  • 26 September 2005; 18 years ago (2005-09-26)
FounderZhuzhou Electric Locomotive Research Institute
Headquarters
Zhuzhou
,
China
Area served
China
Key people
Ding Rongjun (chairman)
Owner
CRRC(51.81%)
Schroders(05.13%)
Bank of America(04.59%)
Fidelity International(02.80%)
GIC Private Limited(02.39%)
CRCCE(00.83%)
Sinomach Capital(00.80%)
general public(31.65%)
Parent
Zhuzhou Institute(direct)
CRRC(intermediate)
CRRC Group(intermediate)
the SASAC(intermediate)
the State Council(ultimate)
Subsidiaries
  • Zhuzhou Times Electronic
  • Ningbo Times Transducer
Websitecrrcgc.cc/zicen
Zhuzhou CRRC Times Electric Co. Ltd.
Simplified Chinese株洲中车时代电气股份有限公司
Traditional Chinese株洲中車時代電氣股份有限公司
Hanyu PinyinZhūzhōu Zhōngchē Shídài Diànqì Gǔfèn yǒuxiàn gōngsī
CRRC Times Electric
Simplified Chinese中车时代电气
Traditional Chinese中車時代電氣
Hanyu PinyinZhōngchē Shídài Diànqì

Zhuzhou CRRC Times Electric Co. Ltd., abbreviated as TEC, is a Chinese train manufacturer. It is headquartered in Zhuzhou, Hunan Province.[1] The company is a prominent maker of traction systems for locomotives, electric multiple units and urban transit train applications, which generates about 70%[citation needed] of the company's total sales.[2][page needed]

Despite both CRRC Times Electric and intermediate parent company CRRC were listed companies, the ultimate largest shareholder was the Central Government of China, via SASAC and CRRC Group.[3]

Since 5 September 2016 CRRC Times Electric is a constituent of Hang Seng China Enterprises Index.[4]

  1. ^ Introduction CRRC Times Electric Archived 2008-06-29 at the Wayback Machine
  2. ^ "2015 Annual Report" (PDF). CRRC Times Electric.
  3. ^ Cite error: The named reference TimesElectric2016AR was invoked but never defined (see the help page).
  4. ^ "HANG SENG INDEXES ANNOUNCES INDEX REVIEW RESULTS" (PDF) (Press release). Hang Seng Indexes. 12 August 2016. Retrieved 10 June 2017.

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